Red Oak fund holds 6,060,759 Global Crossing shares

Global Crossing Airlines Group Inc. (JETBF) received a Form 4 reporting the equity positions of Red Oak Partners–managed funds associated with director and ten percent owner David Sandberg as of August 11, 2026.

Rhea-AI Filing Summary

Global Crossing Airlines Group Inc. (JETBF) received a Form 4 reporting the equity positions of Red Oak Partners–managed funds associated with director and ten percent owner David Sandberg as of August 11, 2026. The Red Oak Fund, LP and The Red Oak Long Fund, LP hold substantial indirect positions in both voting and non-voting equity classes of the company.

The Red Oak Fund, LP holds 6,060,759 shares of Common Stock, plus 2,924,645 Class A Non-Voting and 10,868 Class B Non-Voting shares that are immediately exercisable into Common Stock and do not expire. The Red Oak Long Fund, LP holds 3,166,888 shares of Common Stock, plus 1,510,688 Class A Non-Voting and 5,632 Class B Non-Voting shares with the same exercisability terms.

All positions are reported as indirect ownership through the funds, and each reporting person disclaims beneficial ownership beyond any pecuniary interest. No purchases, sales, or Rule 10b5-1 trading plan transactions are reported in this filing.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Red Oak Partners, LLC, Red Oak Fund, LP, Red Oak Long Fund, LP, Sandberg David

Role 10% Owner | 10% Owner | 10% Owner | Director, 10% Owner

Type	Security	Shares	Price	Value
holding	Class A Non-Voting Common Stock F4, F1, F3	--	--	--
holding	Class A Non-Voting Common Stock F4, F2, F3	--	--	--
holding	Class B Non-Voting Common Stock F4, F1, F3	--	--	--
holding	Class B Non-Voting Common Stock F4, F2, F3	--	--	--
holding	Common Stock F1, F3	--	--	--
holding	Common Stock F2, F3	--	--	--

Holdings After Transaction: Class A Non-Voting Common Stock — 2,924,645 contracts (Indirect, By The Red Oak Fund, LP directly); Class A Non-Voting Common Stock — 1,510,688 contracts (Indirect, By The Red Oak Long Fund, LP directly); Class B Non-Voting Common Stock — 10,868 contracts (Indirect, By The Red Oak Fund, LP directly); Class B Non-Voting Common Stock — 5,632 contracts (Indirect, By The Red Oak Long Fund, LP directly); Common Stock — 6,060,759 shares (Indirect, By The Red Oak Fund, LP directly); Common Stock — 3,166,888 shares (Indirect, By The Red Oak Long Fund, LP directly)

Footnotes (4)

1. F1. Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.
2. F2. ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.
3. F3. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
4. F4. Immediately exercisable and do not expire.

Key Figures

Common Stock held by The Red Oak Fund, LP: 6,060,759 shares Common Stock held by The Red Oak Long Fund, LP: 3,166,888 shares Class A Non-Voting Common Stock held by The Red Oak Fund, LP: 2,924,645 shares (underlying Common Stock) +3 more

6 metrics

Common Stock held by The Red Oak Fund, LP 6,060,759 shares Indirect holding in Global Crossing Airlines Group Inc. as of August 11, 2026

Common Stock held by The Red Oak Long Fund, LP 3,166,888 shares Indirect holding in Global Crossing Airlines Group Inc. as of August 11, 2026

Class A Non-Voting Common Stock held by The Red Oak Fund, LP 2,924,645 shares (underlying Common Stock) Immediately exercisable, no expiration; indirect holding

Class A Non-Voting Common Stock held by The Red Oak Long Fund, LP 1,510,688 shares (underlying Common Stock) Immediately exercisable, no expiration; indirect holding

Class B Non-Voting Common Stock held by The Red Oak Fund, LP 10,868 shares (underlying Common Stock) Immediately exercisable, no expiration; indirect holding

Class B Non-Voting Common Stock held by The Red Oak Long Fund, LP 5,632 shares (underlying Common Stock) Immediately exercisable, no expiration; indirect holding

Key Terms

Non-Voting Common Stock, beneficial ownership, pecuniary interest, Section 16 of the Securities and Exchange Act of 1934, +1 more

5 terms

Non-Voting Common Stock financial

"The Funds directly own the shares as reported in this Statement."

A non-voting common stock is an ownership share in a company that gives holders the same economic rights as regular shares—such as claiming a portion of profits and benefiting from price gains—but does not give the holder the right to vote on corporate decisions. Think of it like owning a seat on a train that shares the ride’s benefits but not the ability to steer the engine; investors care because it affects their influence over management, potential control disputes, and sometimes the stock’s price or attractiveness.

beneficial ownership financial

"Each of the filers hereto disclaims beneficial ownership with respect to any shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein"

Section 16 of the Securities and Exchange Act of 1934 regulatory

"for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose"

immediately exercisable financial

"Immediately exercisable and do not expire."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider holdings in Global Crossing Airlines Group Inc. (JETBF) does this Form 4 report?

It reports indirect holdings by Red Oak–managed funds: 6,060,759 and 3,166,888 shares of Common Stock, plus large positions in Class A and Class B Non-Voting Common Stock that are immediately exercisable into Common Stock.

How many Global Crossing (JETBF) common shares does The Red Oak Fund, LP hold?

The Red Oak Fund, LP holds 6,060,759 shares of Common Stock of Global Crossing Airlines Group Inc., reported as indirect ownership through the fund structure managed by Red Oak Partners, LLC and associated with David Sandberg.

What non-voting Global Crossing (JETBF) shares are held by the Red Oak funds?

The Red Oak Fund, LP holds 2,924,645 Class A Non-Voting and 10,868 Class B Non-Voting shares. The Red Oak Long Fund, LP holds 1,510,688 Class A Non-Voting and 5,632 Class B Non-Voting shares. All are immediately exercisable into Common Stock and do not expire.

Are there any insider purchases or sales of JETBF shares in this Form 4?

No. The Form 4 lists holding entries only; there are no reported purchases, sales, exercises, gifts, or other transactions changing the number of shares. It updates the positions held indirectly through the Red Oak funds as of August 11, 2026.

Were the Global Crossing (JETBF) holdings reported under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for these holdings. The disclosure focuses on the equity positions of the Red Oak funds, not on trades executed under a pre-arranged plan.

How do the reporting persons describe their beneficial ownership of JETBF shares?

They state that each reporting person disclaims beneficial ownership of all securities reported, except to the extent of their pecuniary interest. The shares are held directly by The Red Oak Fund, LP and The Red Oak Long Fund, LP, which are managed by Red Oak Partners, LLC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 07:36 PM Accepted by SEC EDGAR 09/08/2026 - 07:35 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Red Oak Partners, LLC

(Last) (First) (Middle)

40 SE 5TH STREET

SUITE 502

(Street)

BOCA RATON FLORIDA 33432

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Global Crossing Airlines Group Inc. [ JETMF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								6,060,759	I	By The Red Oak Fund, LP directly(1)(3)
Common Stock								3,166,888	I	By The Red Oak Long Fund, LP directly(2)(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Non-Voting Common Stock	$0							(4)	(4)	Common Stock	2,924,645		2,924,645	I	By The Red Oak Fund, LP directly(1)(3)
Class A Non-Voting Common Stock	$0							(4)	(4)	Common Stock	1,510,688		1,510,688	I	By The Red Oak Long Fund, LP directly(2)(3)
Class B Non-Voting Common Stock	$0							(4)	(4)	Common Stock	10,868		10,868	I	By The Red Oak Fund, LP directly(1)(3)
Class B Non-Voting Common Stock	$0							(4)	(4)	Common Stock	5,632		5,632	I	By The Red Oak Long Fund, LP directly(2)(3)

1. Name and Address of Reporting Person^*

Red Oak Partners, LLC

(Last) (First) (Middle)

40 SE 5TH STREET

SUITE 502

(Street)

BOCA RATON FLORIDA 33432

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Red Oak Fund, LP

(Last) (First) (Middle)

40 SE 5TH STREET

SUITE 502

(Street)

BOCA RATON FLORIDA 33432

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Red Oak Long Fund, LP

(Last) (First) (Middle)

40 SE 5TH STREET

SUITE 502

(Street)

BOCA RATON FLORIDA 33432

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Sandberg David

(Last) (First) (Middle)

40 SE 5TH STREET

SUITE 502

(Street)

BOCA RATON FLORIDA 33432

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager.

2. ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.

3. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.

4. Immediately exercisable and do not expire.

Remarks:

This Statement is being filed by David Sandberg, the controlling member of Red Oak Partners, which manages each of Red Oak Fund and Red Oak Long Fund (each a "Fund" and, collectively, the "Funds"). The Funds directly own the shares as reported in this Statement. Each of the filers hereto disclaims beneficial ownership with respect to any shares other than shares owned directly by such filer.

	David Sandberg	09/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)